Shilpa Shetty and Raj Kundra in Rajasthan Royals

Photos of Shilpa Shetty and Raj Kundra in Rajasthan Royals Franchise :

 

 

 

 

 

 

 

Shilpa Shetty and Raj Kundra Picked up an 11.7% Stake in the Rajasthan Royals Franchise :

After Shah Rukh Khan and Preity Zinta, now Shilpa Shetty has bought herself into the slice of cricket IPL.

The Bollywood actress and her boyfriend Raj Kundra have picked up an 11.7 per cent stake in the Rajasthan Royals franchise, the champions of the DLF Indian Premier League, last year, for $15.4 million (Rs 75.5 crore).

Commenting on this new development, Mr. Lalit Modi, Chairman & Commissioner, DLF Indian Premier League, said, “The 11.7 per cent stake which has been acquired by Shilpa and Raj places the overall valuation of the Rajasthan Royals at nearly US $ 140 million, which translates into an astronomical figure of 3733% capital appreciation for Emerging Media. In my view this is probably the highest appreciation for any franchise, in the history of modern day sports. The Indian Premier League is thus emerging as an investment destination of choice in the present economic environs and am certain will also set a very positive trend for our other franchises to unlock value of their own teams.”


Shilpa, whose career was sagging before Celebrity Big Brother made her a hot and popular star overnight in Britain, said, “I relate with them, they were the underdogs and they scored. I expect a re-run from them this year. Their story is exactly like mine — I have always been the underdog. I think when there is no expectation and you score, it really works”.

She further promised, “I will cheer for the team, dance for a music video — bring in greater glamour in whichever way I can.”

“I believe that the addition of Shilpa Shetty creates a multitude of commercial opportunities — for sponsors, for merchandisers and for ancillary development opportunities,” said Shilpa’s boyfriend Raj (popular name in Bollywood Industry), who owns a trading company in Dubai.

The Season II of the DLF Indian Premier League is set to kick off on April 10th, with the Final to be played on 24th May, 2009.